Important Current Affairs 18th March 2015 with PDF

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Important Current Affairs 18th March 2015 with PDF

Studying Current Affairs is a must while you preparing for various Government Recruitment Exams. Find the detailed update of all the Important Current Affairs 18th March 2015. You can now download the PDF for the daily Current Affairs capsule as well,download the free android app from here: Testbook App

Person in News

Ajay Kumar Dwivedi

Ajay Kumar Dwivedi has taken over as the Director (Exploration) of Oil and Natural Gas Corp (ONGC), the nation”s biggest oil and gas producer.

Niraj Parekh

American bank Citi today said it has appointed Niraj Parekh as the head of finance for its operations in India, Sri Lanka and Bangladesh.

Salim Khan

Salim Khan, noted script writer and father of Bollywood star Salman Khan, and four others have declined to accept the Padma awards in 2015.

Syed Javaid Mujtaba Gillani

Syed Javaid Mujtaba Gillani, a 1994 batch IPS officer, today took over as Inspector General of Police, Kashmir, replacing A G Mir who was recently transferred and posted as IG CID.

Sohail Aman

Air Marshal Sohail Aman, an accomplished fighter pilot, was today appointed as the chief of Pakistan Air Force.

National Affairs

Amid a Central Bureau of Investigation (CBI) probe into leakage of secret documents, Finance Ministry has clamped down on the use of Internet and private emails by those up to the director level in the Department of Economic Affairs (DEA), restricting the access only to official mails and government websites.

The government today launched a dedicated portal to help consumers register their grievances against misleading advertisements.

On a pilot basis, ‘Grahak Suvidha Kendra’ was also launched in six cities including Delhi and Ahmedabad.

Japan government today signed agreements with four Indian Non-profit organizations , under which the Asian nation will financially aid them to improve infrastructure and expand their humanitarian activities.

The projects include expansion of vocational training centre for persons with disabilities in Delhi, construction of shelter homes in Amroha in Uttar Pradesh for destitute and helpless old-aged people picked up from the streets of Delhi.

The other two projects are – construction of community health clinic in Khamrang village, in Lolasib district in Mizoram and out-patient department for poor in Agra.

To avoid confusion in the minds of the electorate in constituencies where namesakes are contesting, the Election Commission has decided that ballot papers will also carry pictures of the contestants besides their names and party symbols.

Election Commission has announced that Electronic Voting Machines (EVMs) and ballot papers will carry photographs of candidates from 1 May 2015.

India and France will hold a 10 day naval exercise ”Varuna” next month that will see the French aircraft carrier Charles de Gaulle with naval version of Rafale aircraft in action.

The test was undertaken at the Integrated Test Range located at Chandipur in Odisha.

Missile’s all subsystems like propulsion, navigation, guidance and separation from the aircraft were also successfully tested.

The The all-weather, state-of-the-art missile developed by DRDO can engage and destroy enemy aircraft at supersonic speed ( 1.2 Mach to 1.4 Mach) in head-on (up to 80 km) and tail-chase (up to 20 km) modes.

The 3.8 metre tall Astra is the smallest of the DRDO-developed missiles and can be launched from different altitudes.

It can reach up to 110 km when fired from an altitude of 15 km, 44 km when launched from an altitude of eight km and 21 km when fired from sea level.

The missile can be integrated with fighter aircraft including Sukhoi-30 MKI, Mirage-2000, MiG-29, Jaguar and the Tejas Light Combat Aircraft (LCA).

A Bill seeking to absolve the government of its responsibilities as a guarantor of the Central Warehousing Corporation (CWC) was passed by Lok Sabha today, with Consumer Affairs Minister Ram Vilas Paswan ruling out any move to privatise the mini-ratna company.

The bill put to end the Central Government’s responsibility of being a financial guarantor to the CWC in order to follow the criteria to be a Mini-Ratna enterprise status.

Central and state warehousing corporations are established under the Warehousing Corporations Act, 1962 for the purpose of warehousing agricultural produce and other commodities.

International Affairs

China today signed an agreement with Nepal to increase its annual assistance to the country more than five-fold to USD 128.3 million, a move that could boost the Communist giant”s influence here.

Defence Minister Manohar Parrikar will go on his maiden foreign visit to Japan later this month during which both sides will discuss key military issues including the deal for amphibious aircraft US2.

In a stunning victory against all odds, PM Benjamin Netanyahu secured a 3rd straight term in Israel’s election following a last-minute shift on Palestinian statehood.

The US is encouraged by the economic reforms started by the new Indian government but it has a long way to go in addressing the concerns of American businesses, Treasury Secretary Jack Lew has said.

China today signed an agreement with Nepal to increase its annual assistance to the country more than five-fold to USD 128.3 million, a move that could boost the Communist giant”s influence here.

Economy

RBI is fully prepared to deal with any volatility in Indian markets, due to US Federal Reserve’s policy action on interest rates, and normalcy will be ensured, Governor Raghuram Rajan said today.

It is widely expected that the Fed could give signal on rate hike as the US economy is showing signs of improvement.

This may result in the flight of capital from the emerging markets including India.

India is poised to grow 7.7 per cent this year and 8 per cent in 2016 to become the “fastest growing major economy”, according to think-tank OECD.

Permanent Account Number (PAN) is now mandatory for private firms for getting service tax registration besides email and mobile number.

The government on Wednesday launched a Rs 200 crore scheme to set up a network of technology and incubation centres to accelerate entrepreneurship and promote start-ups for innovation and entrepreneurship in Agro-industry.

The scheme envisages creation of a framework for start-up promotion through Small Industries Development Bank of India (SIDBI) by using innovative means of finance like equity, quasi-equity, angel fund, venture capital fund, impact funds and challenge funds.

Country’s largest private sector lender ICICI Bank today said it has sold its profit making Russian subsidiary ICICI Bank Eurasia Limited Liability Company (IBEL) to Sovcombank — marking its exit from Russia.

With this sale, ICICI Bank has exited from Russia and will be left with operations in 18 countries including India.

Improvement in the asset quality of Indian banks and growth in credit offtake is likely to take more time as the problems in mining and infrastructure sector are yet to be resolved, global rating agency S&P said today.

The Budget has allocated Rs 7,940 crore for infusion into PSU banks in 2015-16. PSU banks will, therefore, have to raise additional capital through additional instruments or equity markets.

Sports

South African spinners Imran Tahir and hat-trick man Jean-Paul Duminy shared seven wickets between them to flatten out Sri Lanka for a paltry 133 in the first quarter-final of the cricket World Cup, here today.